Douglas L. Scarboro

Senior Vice President, Memphis Branch at Federal Reserve Bank of St. Louis

Douglas L. Scarboro

Douglas L. Scarboro

Senior Vice President, Memphis Branch at Federal Reserve Bank of St. Louis

Biography

Douglas Scarboro is senior vice president and regional executive of the Memphis Branch of the Federal Reserve Bank of St. Louis. Mr. Scarboro became head of the Memphis Branch in June 2015. The Branch serves western Tennessee, northern Mississippi, and eastern Arkansas. Mr. Scarboro is a member of the Diversity and Inclusion, Enterprise Risk Management and Innovation bank wide committees. Previously, Scarboro served in dual roles with the city of Memphis: executive director of the Office of Talent and Human Capital and chief learning officer.

Mr. Scarboro is active in the Memphis community and serves on the board of several organizations, including the Better Business Bureau, Economic Club of Memphis, Greater Memphis Chamber, PeopleFirst Partnership, Start Co. and Teach For America Memphis. He has completed the Leadership Development Intensive and Fellows programs at the New Memphis Institute, the Executive program at Leadership Memphis and named to the Top 40 Under 40 list by the Memphis Business Journal.

Mr. Scarboro has a Bachelor of Arts in political science from Morehouse College in Atlanta, an MBA from Campbell University in Buies Creek, N.C., and an Ed.D. in higher and adult education from the University of Memphis. Additionally, he completed the Senior Executives in State and Local Government program at Harvard University's John F. Kennedy School of Government.

Overview
Career Highlights

City of Memphis (Tennessee)

RelSci Relationships

2012

Number of Boards

10

Number of Awards

1

Relationships
RelSci Relationships are individuals Douglas L. Scarboro likely has professional access to. A relationship does not necessarily indicate a personal connection.

Chief Executive Officer & Interim Chief Operating Officer at HTWO Beverage Company

Relationship likelihood: Strong

President & Chief Executive Officer at Duncan-Williams

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Former Regional Executive at Federal Reserve Bank of St. Louis

Relationship likelihood: Strong

President & Chief Executive Officer at Memphis Area Chamber of Commerce

Relationship likelihood: Strong

President & Chief Executive Officer at Elvis Presley Enterprises, Inc.

Relationship likelihood: Strong

Chief Legal Officer & Senior Vice President at Baptist Memorial Health Care Corporation

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Owner at Memphis Area Chamber of Commerce

Relationship likelihood: Strong

Member, Community Depository Institutions Advisory Council at Federal Reserve Bank of St. Louis

Relationship likelihood: Strong

Trustee at University of Memphis Foundation

Relationship likelihood: Strong

President & Chief Executive Officer at Federal Reserve Bank of St. Louis

Relationship likelihood: Strong

In The News
Memphis Business Journal
July 3, 2015
New Fed exec chose Memphis
Memphis Business Journal
March 13, 2015
St. Louis Fed branch names new Memphis executive
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Douglas L. Scarboro
Senior Vice President, Memphis Branch at Federal Reserve Bank of St. Louis
Education
Bachelor of Arts in Political Science

Founded in 1867 and located in Atlanta, Georgia, Morehouse is an academic community dedicated to teaching, scholarship, and service, and the continuing search for truth as a liberating force. As such, the College offers instructional programs in three divisions - business and economics, humanities and social sciences, and science and mathematics.

Ed.D. in Higher & Adult Education

The University of Memphis, also called the U of M, is an American public research university located in the Normal Station neighborhood of Memphis, Tennessee and is the flagship institution of the Tennessee Board of Regents system. With an enrollment of more than 23,000 students, the University of Memphis has 25 Chairs of Excellence and five state-approved Centers of Excellence. The University maintains the Journalism and Public Relations department, Center for Earthquake Research and Information (CERI), Cecil C. Humphreys School of Law, the former Lambuth University campus, which is now a branch campus of the University, the Loewenberg School of Nursing, FedEx Institute of Technology, and the Institute of Egyptian Art and Archaeology.

Senior Executives in State & Local Government Program

The Women and Public Policy Program of Harvard Kennedy School closes gender gaps in economic opportunity, political participation, health and education by creating knowledge, training leaders and informing public policy and organizational practices. Our research provides evidence-based insights on the role of gender in shaping economic, political and social opportunities available to individuals. We identify successful interventions and measure their impact on women, men, and society, then share recommendations on what policies, organizational practices and leadership techniques help close involuntary gaps.

Memberships
Member, Fellows Program
Prior

New Memphis Institute is a private company headquartered in Memphis, TN, that operates as a social organization.

Member, Executive Program
Prior

Leadership Memphis’ mission is to build a great Memphis by building great leaders. Since 1979, Leadership Memphis has continually developed new ways to connect and create more effective community leaders who want to make a difference. Ten years after the assassination of Dr. Martin Luther King, Jr., Leadership Memphis was founded as part of an effort to change the international image and reality of a city divided by race. Recognizing the need for a new breed of leaders that would unify Memphis and respect its diversity, Memphis leaders drew inspiration from leadership programs in Nashville and Atlanta which provided leaders with nine months of in-depth information about their cities and sparked new alliances between diverse citizens. Several Memphis organizations set leadership development as their top priority, and when this building interest in new leaders converged, the foundation was laid for the organization that would become Leadership Memphis. The first class of 42 persons was convened in December 1978, hearing the Governor-elect, Lamar Alexander, challenge them to take charge of the city’s destiny. From the beginning, Leadership Memphis’ programming was anchored by its emphasis on racial reconciliation. The sessions on diversity were complemented by sessions on justice, health care and hospitals, media, environment, and faith. In June 1986, Leadership Memphis held its first Celebration of Leadership, which became an annual tribute to civic leadership and the organization’s most popular event. As an arena for civic understanding, Leadership Memphis has been a leader fighting the vestiges of racism, embracing leaders from all sectors of the city, and convening diverse people in honest conversation about their city’s future. Now, over 30 years after the birth of Leadership Memphis, it is impossible for many of its current class members to understand the despair and division that it was created to combat. That in itself is an indicator that Leadership Memphis, along with other organizations, has had a positive impact on race relations in this community. Nearly 2,000 alumni have completed the Executive, FastTrack and Grassroots programs. Among them are mayors, City Council members, County Commissioners, City of Memphis administrators, Shelby County administrators, federal government administrators, civic and community organization leaders, public and private corporation executives, clergy representing over a dozen denominations, school or school system faculty and administrators, health care executives, professionals (doctors, attorneys, and accountants), and small business owners. Over 40% of Leadership Memphis’ alumni are African-American, Latino, Asian, or of another culture. Leadership Memphis continues to serve as a civic tool for forging new and meaningful relationships between unique blends of people from different sectors of the city. Without Leadership Memphis, there are those who would never have had an opportunity to learn so much about the community, other people and themselves. Going forward, Leadership Memphis will be the standard-bearer for strong, progressive, diverse leadership for Memphis. Leadership Memphis will work with others to build a great Memphis by serving as our city’s window to the world, and by encouraging a wide-open exchange of the best thinking, ideas, experiences and solutions the world has to offer our community’s leaders. As Memphis moves forward, there is an increased urgency for Leadership Memphis to connect leaders to leaders, leaders to information, and leaders to community. Leadership Memphis advances diversity and inclusivity, increases innovation and collaboration, and promotes civic engagement that makes a difference.

Career History
Senior Vice President, Memphis Branch
2015 - Current

Federal Reserve Bank of St. Louis is a Reserve Bank of St.Louis. It has developed an app FRED Economic Data for iPad and iPhone users.

Executive Director, Office of Talent & Human Capital
Prior - 2015
Non-Profit Donations & Grants

Learn how non-profit organizations benefit from RelSci
$500 - $999
2018

New Memphis Institute is a private company headquartered in Memphis, TN, that operates as a social organization.

$200 - $499
2017

New Memphis Institute is a private company headquartered in Memphis, TN, that operates as a social organization.

Awards & Honors
Memphis Business Journal - Top 40 Under 40
Other Affiliations

Douglas L. Scarboro is affiliated with Federal Reserve Bank of St. Louis, City of Memphis (Tennessee)

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